The Indian cable industry is growing in double digits, year-on-year, i.e., 10-18 per cent. This growth is as a result of rapid industrialisation and automation. Cable and connection technology is the backbone of this industrialisation.

RenewSys has become the first Indian company to launch the production of five Bus Bar (5 BB) solar photovoltaic (PV) cells. This is a part of RenewSys’ RESERV® range of solar PV cells, will be manufactured using world class European PV cell equipment.

Stäubli Electrical Connectors (formerly Multi-Contact), and Swiss start-up Power-Blox have signed a strategic cooperation to jointly offer efficient solutions in the field of energy storage and off-the-grid systems.

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, inaugurated ABB’s new 315 kW solar power plant, located in the ABB offices at the Al Quoz industrial area and one of the largest of its kind in the region. Energy produced at the plant will supply ABB offices with electricity and transfer surplus energy into DEWA’s network.

With the past few years of crashing prices for oil, natural gas, and coal, renewables have found a favourable environment for growth. The sector is now enjoying twice as much global funding as fossil fuels, specifically the solar investments in 2015 by passed all records.